We launched this project in Jul 2021:
@successforall/tamil-charity-coin-tokenomics-change-of-strategy
This is our first update. In the original post, we promised our members and upvoters that we will distribute the profit every quarter. You are wondering what happened to your profit.
As we stated in the original post we have been investing in Cub DeFi since July 2021 your profits are all 100% reinvested and earning additional profits for you and for the charity fund.
The reason why we did not distribute the profits is doing it manually is taking too long. Hive-Engine token lacks features that this can not be done without additional coding and adding features to the hive coin to automate these functions - 1. To get the details of the upvoters 2. To automate the payment of profits.
We have been trying to find a coder to add these features to our hive engine coin - Tamil Charity Coin - for a long time without any success but finally found @cryptocharmers and @methodofmad. They have already helped us add the feature to get the details of the upvoters - @successforall/looking-for-a-coder-developer-for-minnows-helping-minnows-and-tamil-charity-coin-communities
We are starting to work on the next feature - to automate the payment of profits. As soon as we implement this feature we will start the distribution of profits.
Stay tuned. In the meantime keep upvoting the posts of @successforall and @tamilcharitycoin and keep accumulating your profits. Tell your Hive friends about Free DeFi and help them also make a profit from DeFi with their upvotes and without actually investing any money out of their pocket and help build the dream of building the world's largest Charity Fund on Hive Blockchain.
Free DeFi
The Minnows Helping Minnows Project With Cub DeFi is for new Hivers and Hivers who don't have enough funds in their accounts to invest in DeFi, who don't want to invest their own money in DeFi or who are not sure of how setup their DeFi on Cub DeFi.
How does the Minnows Helping Minnows Project With Cub DeFi work?
All you have to do is to upvote our posts in Hive, LeoFinance or Proofofbrain and we will invest the liquid portion of the author and curation rewards in Cub DeFi and share part of the income with you. Even if your voting power is low and curation reward is less than 0.001 Hive, we will add 0.001 Hive, every time you upvote, to the Cub DeFi in your name and you will get your share of income from the DeFi, as we are doing it especially for Minnows whose voting power would be very low at the beginning unless you invest your own money and buy some Hive and stake to start with.
How is the income distributed?
On 1st of July we collected all the liquid Hive and 50% of the liquid Leo we get from all the posts is invested in Cub DeFi. End of the quarter we will withdraw income for that quarter and 50% of the income will be reinvested in Cub DeFi and 25% will be paid out all the upvoters based on your Tamil Charity Coin holding and 25% will go to the Tamil Charity Fund. So, our first DeFi income distribution will be in early October.
Poorman's DeFi
You can also invest your own Hive, HBD or Leo in Cub DeFi through us in this case 50% income will be reinvested in Cub DeFi, 50% will be paid out to you and nothing will be paid to Tamil Charity Fund. You may donate part of your income and support the charity fund, if you wish. To do this send your Hive, HBD or Leo to @successforall with the message "Cub DeFi" in the memo field.
Free Bitcoin - Poorman's Bitcoin related links:
How to build your own bitcoin mining pool for free:
@successforall/poor-man-s-bitcoin-why-i-use-crypto-tab-browser-as-my-free-bitcoin-mining-pool